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INOVIQ LTD Capital/Financing Update 2006

Jun 29, 2006

65112_rns_2006-06-29_71075e04-878e-49de-8a39-34bcab7cd5e1.pdf

Capital/Financing Update

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ASX RELEASE

29 June 2006

ASX/AIM Symbol "EUG"

Further to the trading halt placed on Eurogold Limited ("Eurogold" or the "Company") this morning, the Company advises that this trading halt has arisen in relation to issues surrounding its agreement to sell its gold assets to Oxus Gold plc.

As soon as Eurogold has been able to clarify these issues it will make a further announcement to the market and the trading halt will be lifted.

Peter Gunzburg Chairman